Pennsylvania Code (Last Updated: April 5, 2016) |
Title 12. COMMERCE, TRADE AND LOCAL GOVERNMENT |
PART III. Business Financing |
Subpart C. Loans |
Chapter 73. Pennsylvania Industrial Development Authority |
SubChapter A. GENERAL PROVISIONS |
Section 73.11. Loan ceiling
Latest version.
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The Authority may establish maximum loan amounts. In establishing maximum loan amounts the Authority will consider unemployment statistics, inflation, the Authoritys cash flow, and the need to keep the Commonwealth and its businesses competitive. Notice of maximum loan amounts will be published as a notice in the Pennsylvania Bulletin at the same time notice of the establishment of interest rates is published under authority of § 73.13 (relating to interest rates).